Director/PDMR Shareholding

RNS Number : 7376I

Avingtrans PLC

03 June 2014

 



3 June 2014

Avingtrans Plc

("Avingtrans" or the "Company" or the "Group")

Director Dealing

Avingtrans (AIM:AVG), a manufacturer of critical components and associated services to the global aerospace, energy and medical sectors has been informed that on 2 June, Roger McDowell, Chairman of the Company disposed of 125,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares") at a price of 158.0 pence per share.

Following this transaction, Mr. McDowell's has an interest in Avingtrans of 2,376,409 Ordinary Shares, representing approximately 8.6% of the Company's issued Ordinary Share capital.

For further information, please contact:

Enquiries:

Avingtrans plc                                                                                                   0115 949 9020

Steve McQuillan, CEO

Stephen King, CFO 

Numis                                                                                            

David Poutney (Corporate Broking)                                                        0207 260 1000

Richard Thomas (Corporate Finance and Nominated Adviser)     

Newgate Threadneedle                                                                               020 7653 9850

(Financial PR)

Josh Royston / Heather Armstrong

•

About Avingtrans Avingtrans plc is engaged in the provision of highly engineered components, modules and services to the Aerospace, Energy and Medical markets worldwide. The business is made up of 2 divisions: • Aerospace, engaged in the manufacture of rigid pipe assemblies, fabrications and prismatic components - both metallic and composite - for the global aerospace market and precision polishing of aircraft components and; • Energy and medical, engaged in the design and manufacture of machined and fabricated pressure and vacuum vessels and process plant and equipment for the power, oil & gas and medical markets. Plus, design and manufacture of fabricated poles and cabinets for roadside safety cameras and rail track signalling.

 

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